Missing Funds: EFCC has no Power to Investigate Kogi Govt - Agbakoba   Former President of the Nigerian Bar Association (NBA), Dr. Olisa Agbakoba (SAN), has criticised the Economic and Financial Crimes Commission (EFCC) over what he described as an unwarranted...

PoS Operators Give CBN Ultimatum Over Cash Withdrawal Limits Policy   The Association of Mobile Money and Bank Agents in Nigeria (AMMBAN) has expressed optimism that the Central Bank of Nigeria will reverse its cash withdrawal limits policy before the new...

Oil Earnings Rise By N308.6bn In Two Months   Nigeria’s crude oil earnings rose by about N308.6bn within two months following the recent increase in the country’s oil output due to concerted efforts by the Nigerian National Petroleum Company Limited (NNPCL)...

Wheat Price Rises By 50% As Import Drops   The price of durum wheat has risen by 50 per cent since the start of 2022 and its importation has fallen by 16.09 per cent. This is because of the global scarcity of...

Finance Bill: Dangote, 7UP, 170 Firms May Lose N2.4trn Tax Waivers   At least 172 companies may not benefit from about N2.4tn tax waivers under the Pioneer Status Incentive and other tax exemptions as the Federal Government moves to phase out...

Nigeria’s Foreign Portfolio Records $2.08bn Shortfall In 11 Years   Nigeria’s foreign portfolio equity recorded a $2.08bn shortfall between 2010 and 2021 amid an unfavourable economic environment characterised by forex challenges and loss of investors’ confidence. According to a World Bank report...